The province wants to explore the possibility of modifying “security of tenure,” currently enjoyed by tenants under the Residential Tenancies Act (RTA). The current law means tenants have a right to remain in their rental unit as long as they follow the lease agreement and the RTA. Landlords cannot evict tenants without a legally valid reason under the current law and after a fixed-term lease ends, the tenancy typically continues on a month-to-month basis.

But the Ford government says it would like to consult on “alternative options on lease agreement expiry” that would give landlords more control over their units, “allowing them to adjust tenancy arrangements based on market conditions, personal needs, or business strategies.”

Toronto’s Downsview lands are set to become the testing ground for one of Canada’s most ambitious housing experiments — a large-scale modular housing community backed by hundreds of millions in public funding and a plan to build faster, more affordable homes.

This week, federal and municipal leaders announced that the first Build Canada Homes project will rise on the former Downsview Airport site, a 210-hectare stretch of North York once home to military operations and aircraft manufacturing. Now envisioned as a “city within a city,” the redevelopment will eventually house more than 100,000 people.

The Bank of Canada dropped rates to 4.25% in late September, and that little nudge was all it took. Suddenly, my phone’s ringing off the hook with clients who’ve been waiting for “the right time.” Spoiler alert: there’s never a perfect time, but right now? It’s definitely not a bad one.

Let me break down what we’re seeing across Toronto, Oakville, and Burlington without all the industry jargon. The average home price in the GTA is sitting at $1,247,000—up about 2.3% from last year. Not skyrocketing, not crashing. Just… steady. Which honestly feels like a relief after the rollercoaster of the past few years.

The number of homes sold in September dipped by 1.7 per cent compared to the previous month, breaking a five-month streak of increased sales activity, according to new data from the Canadian Real Estate Association (CREA).

There were 39,938 residential properties sold across the country last month, down from 40,615 sales in August.

The benchmark home price ticked down 0.1 per cent month over month and down 3.4 per cent year over year. The national average price of a home was $676,154 for the month.

Despite the fact that Toronto’s unhoused population has more than doubled since 2021, the City is set to receive a fraction of the Canada-Ontario Housing Benefit (COHB) funding in its sixth year that it did in both its fourth- and fifth-year allocations.

Toronto Mayor Olivia Chow wrote in a letter that went to the Executive Committee on Monday that the Province allocated $38 million to Toronto from the COHB between April 2024 and March 2025, and $19.75 million from April 2025 to March 2026 — but between April 2026 and March 2027, the City will receive only $7.95 million, representing an almost 60% decrease year over year.

Launched in April 2020, the COHB pays the difference between 30% of eligible households’ income and the average market rent in the area, and is supported by provincial and federal funding. Chow said in her letter that the program “is the single most effective tool we have for freeing up beds in our shelter system so that more people can come indoors from streets and parks.”

In a real estate landscape where choice is often limited and transparency is all too rare, Hyyve is rewriting the rules — and making the process work better for everyone involved.

Fresh off its recent launch, the Toronto-based platform is quickly gaining traction for the way it empowers sellers, attracts serious buyers, and gives agents a more direct, performance-based path to listings.

But what’s perhaps most striking about Hyyve is how effectively it balances the needs of all key players in a real estate transaction — sellers, buyers, and agents — in one unified experience.

If a renter in Toronto wants to dedicate about a third of their paycheque to a one-bedroom apartment each month, they should be making roughly $44 an hour.

That’s according to Zoocasa, a real estate website, which crunched the numbers after several provinces recently raised their minimum wages to keep pace with the rising cost of living.

As of Oct. 1, Ontario raised that wage to $17.60 per hour, reflecting a $0.40 increase from the previous rate.

Canadian housing starts, also known as new home construction, rose 14 per cent in September compared with the previous month — a sharper increase than expected, data from the national housing agency showed on Thursday.

The seasonally adjusted annualized rate of housing starts was 279,234 units, up from a revised 244,543 units in August, the Canada Mortgage and Housing Corporation (CMHC) said.

Economists had expected new builds to rise to 255,000 units.

In a real estate landscape where choice is often limited and transparency is all too rare, Hyyve is rewriting the rules — and making the process work better for everyone involved.

Fresh off its recent launch, the Toronto-based platform is quickly gaining traction for the way it empowers sellers, attracts serious buyers, and gives agents a more direct, performance-based path to listings.

But what’s perhaps most striking about Hyyve is how effectively it balances the needs of all key players in a real estate transaction — sellers, buyers, and agents — in one unified experience.

Canada’s fall housing sales saw an “uneven and fragile” market in September, a new report from the Royal Bank of Canada shows.

September data from local real estate boards showed a “low-key start to the fall for Canada’s housing market,” the report said.

While some major markets — Winnipeg, Regina, and Toronto — saw home resales go up from August to September, most markets remained tepid.

Vancouver, Calgary, Edmonton, Saskatoon, Hamilton, Ottawa, Montreal and Halifax saw slight declines, “suggesting the recovery is still uneven and fragile,” RBC economist Robert Hogue said in the report.